u/Cowboycortex

33 5/1-5/8 CMG average cost .06

32 5/1-5/8 CMG .09

12 5/1-5/8 F .06

26 5/16-6/18 NTGR .6

This was my second shot at Calendar spreads to capture IV crush after earnings. Yesterday I did SPUX and got lucky to break even at open.

Today, I think all of them were pretty close to my strike. I learned a lesson on NTGR being so far out means there is no IV crush... duh. I should have figured that out before I bought it.

Will be interesting to see price action on the others when market opens. Gonna keep messing around with this strategy.

Ive been having a blast trying to figure it out.

reddit.com
u/Cowboycortex — 23 days ago